Axis Bank on Wednesday said its board of directors had approved the reorganization of The Oriental Insurance Company Ltd (OICL) from the promoters’ category to shareholders in the public sector. The bank said it received a request from the OICL dated 7 September 2021, with a 0.16% stake in the bank, to redistribute it as …
Sensex Market Cap: During the week of trading, the market capitalization of the top 10 Sensex companies increased. Over the past week, there has been a jump of Rs 2.72 lakh crore in the market capitalization of 10 companies. Indian markets recorded good gains amid a bullish trend in the global market. Sensex up 4.16% …
Market cap of Sensex top-10 companies increased ! Read More »
The National Securities Depository (NSDL) has frozen accounts of three foreign portfolio investors (FPIs) holding shares worth more than $ 43,500 in four Adani Group companies. The FPIs are the Albula Investment Fund, the Cresta Fund and the APMS Investment Fund, reports The Economic Times, adding that these accounts were frozen “on or before May …
The accounts of three foreign investors of Adani Group have been frozen by the NSDL Read More »
Tax paid daily for a flat flat and added 2 paise over to close at 74.17 (temporarily) compared to USD, for the fourth consecutive profit session on Thursday. Forex traders said the price action continued to decline as investors waited for a Reserve Bank of India (RBI) policy decision on Friday to find more leads.In …
Rupee gain for 4th straight session, remains at 74.17 / USD Read More »
It is important to keep national sentiments high in order for the economy to grow well, former Union Finance Minister Yashwant Sinha said on Saturday. Participating in a lively session in the Indian Student Parliament, Sinha also said that today’s economy is emotionally driven as emotions control consumption and determine needs. “It is not uncommon …
The Supreme Court on August 25 allowed the new board of directors of Unitech Group to hold negotiations with three Asset Reconstruction Companies (ARCs) regarding outstanding debts and a payment agreement and they set it within four weeks. The high court also allowed the subcommittee to hold talks with Noida and Greater Noida officials, who …
Union Aviation Minister Jyotiraditya Scindia on Saturday said the Air India stock trading process is ongoing and technical aspects of bids are being analyzed before financial bids are opened. However, he declined to comment on the bills received by the debtor nationwide.“We have received technical bids and financial bids in closed envelopes. Currently, the technical …
India is facing difficult times in the midst of the epidemic but is now on track to recover and grow faster, Union Minister Piyush Goyal said on Saturday. He was speaking to the beneficiaries of Pradhan Mantri Garib Kalyan Anna Yojana here.“At the time of the epidemic, Prime Minister Modi’s first thought was to ensure …
Piyush Goyal: India is on the verge of recovering from the crisis epidemic Read More »
Indian industrialist Gautam Adani, ranked seventh among the world’s top-10 billionaires and Asia’s richest person, has finally made his strong debut in the cement business. On Sunday, Adani Group has come second in terms of cement production in the country in a jiffy. In fact, Adani has bought Ambuja and ACC cement companies from Holcim Group of …
FMCG Company Procter & Gamble Hygiene and Health Care Ltd on Wednesday reported a 29.2 percent decline in total profits of Rs 48.98 crore for the quarter ended June 2021. The company, which follows the July-June financial year, had transferred a total profit of Rs 69.21 crore in the corresponding period of the previous financial …
Profit for Procter & Gamble Q4 decreased by 29% to Rs 49 crore Read More »
